What is Support & Resistance?

Levels from which price bounces upwards are known as support.

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It is formed due to high demand at a particular price level. Many buyers might be considering the price level as cheap and a potential long entry point.

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Levels from which price bounces downwards are known as resistance.

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It is formed due to high demand at a particular price level. Many buyers might be considering the price level as cheap and a potential long entry point.

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Click the button below to learn about Support & Resistance Indicators.

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What is Support & Resistance?

Levels from which price bounces upwards are known as support.

Support

It is formed due to high demand at a particular price level. Many buyers might be considering the price level as cheap and a potential long entry point.

How is support formed?

High Demand Zone

Levels from which price bounces downwards are known as resistance.

Resistance

It is formed due to high demand at a particular price level. Many buyers might be considering the price level as cheap and a potential long entry point.

How is support formed?

High Supply Zone

Click the button below to learn about Support & Resistance Indicators.